STLD
Steel Dynamics Inc
NASDAQ: STLD · BASIC MATERIALS · STEEL
$224.37
-1.14% today
Updated 2026-04-29
Market cap
$32.36B
P/E ratio
24.05
P/S ratio
1.70x
EPS (TTM)
$9.33
Dividend yield
0.89%
52W range
$119 – $229
Volume
1.2M
Steel Dynamics Inc (STLD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.24B | $4.38B | $8.08B | $3.96B | $6.30B | $8.00B | $7.29B | $7.37B | $8.76B | $7.59B | $7.78B | $9.54B | $11.82B | $10.46B | $9.60B | $18.41B | $22.26B | $18.80B | $17.54B | $18.18B |
| Revenue growth (YoY) | — | +35.4% | +84.3% | -51.0% | +59.2% | +26.9% | -8.8% | +1.1% | +18.8% | -13.3% | +2.4% | +22.7% | +23.9% | -11.5% | -8.3% | +91.7% | +20.9% | -15.6% | -6.7% | +3.6% |
| Cost of revenue | $2.41B | $3.47B | $6.85B | $3.56B | $5.63B | $7.07B | $6.57B | $6.65B | $7.79B | $6.86B | $6.44B | $7.96B | $9.50B | $8.93B | $8.17B | $13.05B | $16.14B | $14.75B | $14.74B | $15.81B |
| Gross profit | $829.99M | $915.69M | $1.23B | $399.08M | $675.67M | $931.52M | $719.90M | $719.14M | $966.21M | $731.72M | $1.33B | $1.58B | $2.32B | $1.53B | $1.43B | $5.36B | $6.12B | $4.05B | $2.80B | $2.36B |
| Gross margin | 25.6% | 20.9% | 15.2% | 10.1% | 10.7% | 11.6% | 9.9% | 9.8% | 11.0% | 9.6% | 17.2% | 16.6% | 19.6% | 14.6% | 14.9% | 29.1% | 27.5% | 21.5% | 16.0% | 13.0% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $170.88M | $224.54M | $267.69M | $225.99M | $227.05M | $263.60M | $257.94M | $272.78M | $317.27M | $328.76M | $374.01M | $394.63M | $416.64M | $436.50M | $477.45M | $643.98M | $545.62M | $574.02M | $664.12M | $765.31M |
| Operating income | $659.11M | $691.15M | $855.24M | $119.53M | $364.75M | $584.82M | $391.17M | $386.52M | $320.32M | $-72.78M | $727.97M | $1.07B | $1.72B | $986.88M | $847.14M | $4.30B | $5.09B | $3.15B | $1.94B | $1.48B |
| Operating margin | 20.4% | 15.8% | 10.6% | 3.0% | 5.8% | 7.3% | 5.4% | 5.2% | 3.7% | -1.0% | 9.4% | 11.2% | 14.6% | 9.4% | 8.8% | 23.4% | 22.9% | 16.8% | 11.1% | 8.1% |
| EBITDA | $773.93M | $829.29M | $1.09B | $344.55M | $608.39M | $823.90M | $587.87M | $621.49M | $565.39M | $206.43M | $1.01B | $1.37B | $2.06B | $1.32B | $1.13B | $4.61B | $5.50B | $3.15B | $2.52B | $2.11B |
| EBITDA margin | 23.9% | 18.9% | 13.5% | 8.7% | 9.7% | 10.3% | 8.1% | 8.4% | 6.5% | 2.7% | 12.9% | 14.3% | 17.5% | 12.6% | 11.7% | 25.1% | 24.7% | 16.8% | 14.4% | 11.6% |
| EBIT | $659.11M | $691.15M | $879.51M | $123.12M | $383.69M | $601.30M | $362.65M | $390.56M | $302.07M | $-88.17M | $716.91M | $1.07B | $1.75B | $1.00B | $800.36M | $4.27B | $5.11B | $3.15B | $2.04B | $1.56B |
| Interest expense | $32.10M | $55.42M | $144.57M | $141.36M | $170.23M | $176.98M | $158.59M | $127.73M | $137.26M | $153.95M | $146.04M | $134.40M | $126.62M | $127.10M | $94.88M | $57.21M | $91.54M | $76.48M | $56.35M | $70.04M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $396.71M | $394.57M | $463.39M | $-8.18M | $140.71M | $278.12M | $163.55M | $189.31M | $157.02M | $-130.31M | $382.12M | $812.74M | $1.26B | $671.10M | $550.82M | $3.21B | $3.86B | $2.45B | $1.54B | $1.19B |
| Net income growth (YoY) | — | -0.5% | +17.4% | -101.8% | +1819.3% | +97.7% | -41.2% | +15.8% | -17.1% | -183.0% | +393.2% | +112.7% | +54.8% | -46.7% | -17.9% | +483.5% | +20.2% | -36.5% | -37.3% | -22.9% |
| Profit margin | 12.2% | 9.0% | 5.7% | -0.2% | 2.2% | 3.5% | 2.2% | 2.6% | 1.8% | -1.7% | 4.9% | 8.5% | 10.6% | 6.4% | 5.7% | 17.5% | 17.4% | 13.0% | 8.8% | 6.5% |